AGP Executive Report
Last update: 9 hours agoDeep-Sea Mining Push Under Fire: Greenpeace protested Swiss firm Allseas’ seabed plans in Basel, while the US moves ahead with an auction of water areas around American Samoa for deep-sea critical minerals, drawing calls for a moratorium as scientists warn of major marine harm. Copper Supply Stress: The IEA says the copper outlook has worsened sharply, driven by a global sulphuric acid shortage that threatens processing capacity and could deepen deficits. Congo Lithium Exports: Zijin’s Manono project has begun shipping spodumene concentrate to China, marking DRC’s first-ever lithium export phase and targeting 30,000 tonnes LCE in 2026. Illegal Mining Crackdown: South Africa’s Operation PROSPER netted 1,149 arrests in June, with seizures of firearms, drugs, and gold-bearing material. Mining Safety Tragedy: Zimbabwe’s Rowdy Mine shaft collapse killed four miners after rescue efforts recovered the last two bodies. AI Meets Mining Power: Bitcoin miners are pivoting toward AI data centers, chasing far higher power-revenue economics than crypto alone. Regulatory Pressure on Mining: The Bank of England will stop accepting thermal coal bonds as collateral from Oct 31, tightening finance for coal-linked firms.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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